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  1. Greek primary surplus at 400 mln to Oct but arrears keep piling up

    EconomyMacroeconomy

    The Greek general government (gg) cash deficit to October fell by 50.8 percent to 4.41 billion with the gg cash primary surplus landing at 1.38 billion from 2.53 billion last year, the Ministry of Finance (MoF) said on Tuesday. Similar to previous month...

    6%

  2. Unemployment rate inched up again in Sept to 27.4 pct
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    The seasonally adjusted unemployment rate in September rose marginally to 27.4 percent, from 27.3 percent in August, according to data released by the Hellenic Statistical Authority (ELSTAT). The September rate is now just under the historic high of 27....

    6%

  3. Key Greek election date firms up; turnout could prove crucial

    PoliticsGreek Politics

    The date for what is certain to prove one of this year’s watershed moments has been set: the European Parliament elections and the second round of voting in Greece’s local polls will take place on May 25. It had initially been thought that the European ...

    6%

  4. Manufacturing PMI edges up for second month in a row

    EconomyMacroeconomy

    Greece’s Manufacturing PMI improved by 0.1 points for the fourth straight month in February reaching 51.3 points from 51.2 in January, according to Markit. The headline figure remained above the 50-point mark for the second consecutive month mainly led ...

    6%

  5. To Potami's rise and Golden Dawn's strife shake things up for May vote
    Photo from http://topotami.gr/

    PoliticsGreek Politics

    Just as it looked as if May’s European Parliament elections would be an antagonistic but relatively sterile battle between New Democracy and SYRIZA, with Golden Dawn a shoe-in for third place, journalist Stavros Theodorakis is threatening to upset this ...

    6%

  6. Piraeus snaps up share in MIG to complete series of corporate moves
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank announced on May 14 its third major corporate development in the last two months, following the successful completion of a 1.75-billion- euro capital increase in late March and a senior unsecured bond issue of 500 million in mid-March. Acco...

    6%

  7. Election fallout opens up divisions in PASOK and DIMAR

    PoliticsGreek Politics

    Although PASOK managed to perform slightly better than most pollsters expected in the European Parliament elections, the pressure from within the party on its leader Evangelos Venizelos has increased. In the first days after the elections it looked as i...

    6%

  8. Are things looking up for Greece's privatisation programme?

    Economy

    In its latest weekly credit outlook published on Monday, Moody’s said that the “Greek privatization program looks to exceed targets by year-end, a credit positive (for the sovereign)”. This is the first positive comment on privatizations by a rating age...

    6%

  9. Two years on, Greek government ready to give up on higher heating fuel tax

    PoliticsGreek Politics

    Two years after the government decided to implement a contentious increase of 440 percent in the excise tax on heating oil, data produced by Greece’s General Accounting Office (GAO) has shown that the measure was largely fruitless. The tax rise was intr...

    6%

  10. Interest Rate, Household Deposits, New, Up to 1 year maturity
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    6%